Resona Asset Management Co. Ltd. Has $15.77 Million Position in Church & Dwight Co., Inc. $CHD

Resona Asset Management Co. Ltd. lessened its stake in Church & Dwight Co., Inc. (NYSE:CHD) by 9.1% during the first quarter, HoldingsChannel reports. The institutional investor owned 168,800 shares of the company’s stock after selling 16,960 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Church & Dwight were worth $15,774,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Munich Reinsurance Co Stock Corp in Munich raised its position in shares of Church & Dwight by 13.9% during the first quarter. Munich Reinsurance Co Stock Corp in Munich now owns 1,861 shares of the company’s stock worth $174,000 after acquiring an additional 227 shares during the last quarter. Frank Rimerman Advisors LLC boosted its holdings in Church & Dwight by 7.1% in the first quarter. Frank Rimerman Advisors LLC now owns 3,923 shares of the company’s stock valued at $366,000 after acquiring an additional 260 shares during the last quarter. Cvfg LLC acquired a new stake in Church & Dwight during the 1st quarter valued at approximately $721,000. Evergreen Private Wealth LLC increased its position in Church & Dwight by 27.6% during the 1st quarter. Evergreen Private Wealth LLC now owns 1,559 shares of the company’s stock valued at $145,000 after purchasing an additional 337 shares during the period. Finally, Resonant Capital Advisors LLC bought a new position in Church & Dwight during the 1st quarter worth approximately $337,000. Institutional investors own 86.60% of the company’s stock.

Wall Street Analysts Forecast Growth

CHD has been the topic of a number of recent analyst reports. Wells Fargo & Company restated an “overweight” rating and issued a $110.00 price target (up from $105.00) on shares of Church & Dwight in a research report on Wednesday. UBS Group reiterated a “neutral” rating and set a $100.00 price objective (up from $98.00) on shares of Church & Dwight in a research report on Monday, May 4th. Royal Bank Of Canada reissued an “outperform” rating and set a $114.00 target price on shares of Church & Dwight in a research note on Monday, June 1st. Barclays dropped their target price on shares of Church & Dwight from $85.00 to $80.00 and set an “underweight” rating on the stock in a report on Tuesday, April 14th. Finally, JPMorgan Chase & Co. upped their price target on shares of Church & Dwight from $98.00 to $99.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Nine equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Church & Dwight has a consensus rating of “Hold” and an average target price of $102.88.

Insider Activity

In related news, EVP Carlos G. Linares sold 10,000 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $99.71, for a total value of $997,100.00. Following the completion of the sale, the executive vice president directly owned 4,668 shares of the company’s stock, valued at $465,446.28. The trade was a 68.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Robert K. Shearer sold 8,600 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $97.97, for a total value of $842,542.00. Following the transaction, the director directly owned 30,678 shares in the company, valued at approximately $3,005,523.66. This trade represents a 21.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 47,680 shares of company stock valued at $4,672,190. Corporate insiders own 2.00% of the company’s stock.

Church & Dwight Trading Up 0.7%

CHD traded up $0.69 during trading on Friday, hitting $96.36. The company’s stock had a trading volume of 1,368,802 shares, compared to its average volume of 1,872,933. The firm has a market capitalization of $22.83 billion, a P/E ratio of 31.70, a PEG ratio of 3.44 and a beta of 0.47. Church & Dwight Co., Inc. has a twelve month low of $81.33 and a twelve month high of $106.04. The stock’s fifty day moving average price is $96.26 and its 200-day moving average price is $95.23. The company has a quick ratio of 0.81, a current ratio of 1.22 and a debt-to-equity ratio of 0.53.

Church & Dwight (NYSE:CHD) last announced its quarterly earnings data on Friday, May 1st. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.93 by $0.02. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.46 billion. Church & Dwight had a net margin of 11.81% and a return on equity of 20.51%. The company’s quarterly revenue was up .1% on a year-over-year basis. During the same quarter last year, the firm posted $0.91 EPS. Church & Dwight has set its Q2 2026 guidance at 0.880-0.880 EPS and its FY 2026 guidance at 3.710-3.810 EPS. Analysts anticipate that Church & Dwight Co., Inc. will post 3.75 EPS for the current year.

Church & Dwight Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were paid a $0.3075 dividend. This represents a $1.23 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Friday, May 15th. Church & Dwight’s payout ratio is 40.46%.

Church & Dwight Profile

Church & Dwight Co, Inc is a U.S.-based consumer products company best known for its Arm & Hammer baking soda business. Founded in 1846 with the manufacture and marketing of sodium bicarbonate, the company has grown into a diversified maker and marketer of household, personal care and specialty products. Church & Dwight is publicly traded on the New York Stock Exchange under the ticker CHD and is headquartered in Ewing, New Jersey.

The company’s portfolio spans a range of categories including household cleaning and laundry, oral care, personal care, sexual wellness and health & wellness.